Cryptic Predict 2018: Major exchange collapse, prices soar

GrandMasterDash

Well-known member
Masternode Owner/Operator
Just throwing this out there as a record of how right or wrong I might be! :-)

This year, I predict at least one major exchange will collapse, if not more (think Coinbase et al). This collapse may initially crash prices but they will rapidly rise and hit all time highs.

Why? - front running and re-hypothecation. This is to say, I believe many exchanges are trading crypto they don't actually have; if enough traders simultaneously tried to withdraw their crypto, the exchanges would be unable to meet their obligation. Prices will eventually soar when people realize there isn't as much crypto out there as they thought.
 
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